Advanced Instruments to acquire Nova Biomedical for $2.2 billion

Patricia Industries' subsidiary Advanced Instruments entered a definitive agreement to acquire Nova Biomedical from its founding shareholders for an enterprise value of $2.2 billion. The combined business will operate under the Nova Biomedical name, with 2024 sales of $621 million.

“Patricia Industries’ subsidiary Advanced Instruments has entered into a definitive agreement to acquire Nova Biomedical from its founding shareholders for an enterprise value of USD 2.2bn.”novabiomedical.com

• 3 sources
• novabiomedical.comPatricia Industries’ subsidiary Advanced Instruments to acquire and merge with Nova Biomedical - Nova BiomedicalJingyi WangMar 19, 2025
• roschier.comAdvanced Instruments to acquire and merge with Nova Biomedical in USD 2.2 billion deal - RoschierMar 26, 2025
• akm.ruSwedish Investor acquires American Nova Biomedical for $2.2 billion | AKM ENAK&MApr 20, 2025

Summarized from public sources; check the original articles before acting on it.